Money today
A) is the demand for loanable funds.
B) is the supply of loanable funds.
C) is only currency inside banks.
D) is fiat money.
E) in the United States, is only dollar bills and coins.
D
Economics
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Which of the following can cause official unemployment figures to underestimate the true unemployment rate?
A) Some people get discouraged and quit looking for a job. B) Some people engage in illegal activities. C) Some people work "off the books." D) Some people work overtime.
Economics
Adverse selection in insurance requires that
a. all people face the same risk b. potential customers facing more risk are no more interested in purchasing insurance c. people are risk averse d. insurers can tell higher risk people from lower risk people
Economics